VIC3183· Pop. 17,964Glen Eira

BALACLAVA

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

53

Liveability score

77

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

Real

$1,642,500

VIC Gov · 2025

Rent yield

Real

1.3%

computed from govt data

Annual growth

Real

0.6%

annualised from govt data

Vacancy rate

Est.

1.5%

modelled estimate

AI insights for BALACLAVA

Investment analysis, risks & comparisons

PREMIUM

BALACLAVA shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$396/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+2.3%

annual shift

Yield × growth index

0.9

combined signal

Net yield (est.)

0.85%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

-0.1%

est. compound, long-run avg

10-yr growth (CAGR)

+4.4%

est. compound, long-run avg

Rental demand

55 / 100

Strong demand

Supply pipeline

Est.

1.4%

new dwellings approved / stock · Modelled estimate

Low supply pressure

5-year price history

2020
$1650k
2021
$1840k
2022
$1785k
2023
$1623k
2025
$1643k

Source: VIC Gov · 2025 · all sources

Market overview

BALACLAVA is a metropolitan VIC suburb with moderate capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

  • Metro VIC suburb with strong infrastructure and transport
  • Rental yield 1.3% with stable tenant demand
  • Access to national transport network and amenities

Risk factors

  • High entry price may limit buyer pool
  • Below-average growth — limited capital appreciation signal
  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$2,022/wk

$82k taxable p.a.

Renters

48.5%

48.8% owner-occupier

Median age

34.0 yrs

Unemployment

4.2%

Population growth

+2.6% p.a.

Investor-owned

11.0%

of all dwellings (ATO)

Houses

30%

60% apartments

Degree qualified

48.2%

bachelor's or higher (ABS)

Work from home

33.4%

of employed residents (ABS Census)

Median lot size

150 m²

Apartment/strata

Household size

2.4 persons

avg per dwelling (ABS Census)

Short-term rental

6.6%

Some Airbnb activity

Market activity

Distance to CBD

6.9 km

Middle ring

Days on market

26 days

Normal turnover

Auction clearance

65.8%

Strong demand

Walkability

87 / 100

Walker's paradise

Coastal proximity

12.5 km

Coastal fringe

NBN technology

FTTP

Fastest — full fibre to premises

Population density

7,484/km²

Very dense urban

Schools in postcode 3183

🏫2 Primary🎓1 Secondary📚3 Combined
ACARA 2025

🏫Primary (2)

Ripponlea Primary School

Government · Yrs Prep-6 · Major Cities

ICSEA 1141(93%)
256 students13:1 student–teacher46% girls57% top SEA quarter

St Mary's School

Catholic · Yrs Prep-6 · Major Cities

ICSEA 1111(87%)
135 students14:1 student–teacher53% girls41% top SEA quarter

🎓Secondary (1)

St Mary's College Melbourne

Catholic · Yrs 7-12 · Major Cities

ICSEA 1093(82%)
440 students10:1 student–teacher30% girls34% top SEA quarter

📚Combined (3)

Caulfield Grammar School

Independent · Yrs Prep-12 · Major Cities

ICSEA 1157(96%)
3,555 students9:1 student–teacher50% girls65% top SEA quarter

Beth Rivkah Ladies College

Independent · Yrs Prep-12 · Major Cities

ICSEA 1086(80%)
489 students10:1 student–teacher100% girls33% top SEA quarter

Yeshivah College

Independent · Yrs Prep-12 · Major Cities

ICSEA 1073(76%)
362 students9:1 student–teacher0% girls27% top SEA quarter

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Moderate
63/ 100

7.3 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Top tier
1110ICSEA · national avg 1000

6 schools in postcode area

Source: ACARA My School 2025

Transit access

Excellent
75/ 100
🚆 4 train🚃 11 tram🚌 44 bus

Source: State GTFS feeds

Gentrification signal

45

/ 100

Moderate momentum

Moderate indicators of demographic change. Young professionals, rising degree rates, and reasonable transit suggest gradual improvement.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

low

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

low

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

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